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29.08.25 - 10:24
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Kawasaki Heavy′s Engine Data Tampering Scandal Expands (Nippon)
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Tokyo, Aug. 29 (Jiji Press)--Kawasaki Heavy Industries Ltd. is suspected of falsifying some inspection data regarding the mileage of diesel engines for submarines of the Japanese Maritime Self-Defense Force, following a similar scandal involving private ship engines, informed sources said Friday. The company reported the latest suspected case to the Defense Ministry on Aug. 7. "We believ......
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29.08.25 - 02:24
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Japan Industrial Output Sinks 1.6% In July (AFX)
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TOKYO (dpa-AFX) - Industrial production in Japan was down a seasonally adjusted1.6 percent on month in July, the Ministry of Economy, Trade and Industry said on Friday.That missed expectations for......
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27.08.25 - 15:48
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Mitsubishi Electric Trane HVAC US Names Tim Vordenbaumen Chief Financial Officer (Business Wire)
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SUWANEE, Ga.--(BUSINESS WIRE)--Mitsubishi Electric Trane HVAC US LLC (METUS), a leading supplier of all-electric, all-climate Ductless and Ducted Mini-split and Variable Refrigerant Flow (VRF) heat pump and air-conditioning systems, welcomes Tim Vordenbaumen, CPA, as the company's new Chief Financial Officer.
As CFO, Vordenbaumen will be responsible for financial guidance to the senior leadership team as well as planning, implementing, managing, and controlling financial-related activities for METUS.
With 20 years of experience at Trane Technologies, Vordenbaumen has held a series of influential leadership positions. As Controller within Residential HVAC, he chaired the Limited Warranty Council, developing key strategies. He also served as Finance Leader of Parts and the Dealer Distributor Channel, where he spearheaded a successful supply chain cash flow initiative. His most recent position was Finance Leader for Commercial HVAC Americas. Prior to joining Trane Technologies, Vordenbaumen launched his car...
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22.08.25 - 09:06
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MinebeaMitsumi holds firm at JPY6,200, refuses to raise bid for Shibaura Electronics after Yageo increases offer (Digitimes)
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Following Yageo's announcement on August 21, 2025, that it has increased its tender offer bid (TOB) for Shibaura Electronics to JPY6,635 (US$44.64) per share, up from JPY6,200, Japanese competitor MinebeaMitsumi declared it will not raise its offer beyond JPY6,200 per share, report Nikkei and Reuters....
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21.08.25 - 23:36
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Yageo raises Shibaura offer again, challenging MinebeaMitsumi (Digitimes)
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Taiwan-based passive components giant Yageo announced it has increased its tender offer price for Japan's negative temperature coefficient (NTC) thermistor manufacturer Shibaura Electronics. The offer price was raised from JPY6,200 (US$41.86) per share to JPY6,635 per share, surpassing the expectations of competitor MinebeaMitsumi....
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